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Iran’s Foreign Minister Abbas Araqchiannounced this Friday the total reopening of the Strait of Hormuz. The maritime passage, a vital artery for global energy trade, had remained closed since the outbreak of the conflict with the United States at the end of February.
The unlocking occurs almost 50 days after the start of the war and will last as long as the temporary truce lasts valid between both countries. In principle, this expires next Wednesday, but US President Donald Trump has opened the door to a possible extension to facilitate the continuity of the peace negotiations, which began last weekend in Islamabad, the Pakistani capital, without significant progress.
“In line with the ceasefire in Lebanon, the transit of commercial ships through the Strait of Hormuz is fully restored during the remaining period of the truce,” said the head of Iranian diplomacy through the X social network. In this way, Tehran links its decision to the stability of the ceasefire between Israel and Hezbollah, which came into force this Friday and will last for a period of ten days. It was also one of the main obstacles in the negotiations.
In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran.
— Seyed Abbas Araghchi (@araghchi) April 17, 2026
After the Iranian announcement, The price of crude oil has plummeted by 10%.
The US maintains the blockade
The strait, however, is not completely unblocked. Shortly after Iran announced its decision not to interfere with commercial traffic in the area, the United States has specified that its military encirclement —in which more than 10,000 troops participate— is still valid.
“The Strait of Hormuz is completely open and ready for trade and free passage, but the naval blockade will remain in full force as far as Iran is concerned only, until our transaction with them is 100% complete,” Trump wrote in a Truth Social publication written entirely in capital letters.
“This process should be very fast, since most of the points have already been negotiated,” added the president, referring to the agreement to end the war permanently.
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